> I'm not sure how accurate the methodology is to come up with the specific budget that produces the number "sixteen" here
The share of goods in people expenses is something governments have been tracking extremely well since the end of the inter-wars period (losing some quality during WWII).
As far as economical measurements go, those are among the best you'll get on the real economy (monetary measurements tend to be more precise).
The share of goods in people expenses is something governments have been tracking extremely well since the end of the inter-wars period (losing some quality during WWII).
As far as economical measurements go, those are among the best you'll get on the real economy (monetary measurements tend to be more precise).